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NI Holdings NODK Crop — Gross Profit
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Where this comes from
Reported directly by NI Holdings in its filing.
Tagged under the XBRL concept us-gaap:GrossProfit.
The source filing: NI Holdings’s 10-Q, filed August 7, 2026.
- Filed
- Aug 7, 2026, 4:06 PM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0001174947-26-000777
| Line item | Private Passenger Auto | Non-Standard Auto | Home and Farm | Crop | All Other | Total |
|---|---|---|---|---|---|---|
| Assumed losses and loss adjustment expenses | — | — | — | 1,762 | 626 | 2,388 |
| Ceded losses and loss adjustment expenses | (71) | — | (796) | (2,414) | (526) | (3,807) |
| Net losses and loss adjustment expenses | 12,690 | (1,524) | 28,333 | 7,672 | 1,246 | 48,417 |
| Gross margin | 9,404 | 2,466 | (2,215) | 2,835 | 4,110 | 16,600 |
| Amortization of deferred policy acquisition costs | 4,545 | 162 | 5,448 | 900 | 1,181 | 12,236 |
| Other underwriting and general expenses (1) | 3,037 | 757 | 3,949 | 1,079 | 529 | 9,351 |
| Underwriting and general expenses | 7,582 | 919 | 9,397 | 1,979 | 1,710 | 21,587 |
| Underwriting gain (loss) | 1,822 | 1,547 | (11,612) | 856 | 2,400 | (4,987) |
Item 1. - Financial Statements
FAQ
- What is NI Holdings's crop — gross profit?
- NI Holdings (NODK) reported crop — gross profit of $2.84M in Q2 2026.
- How has NI Holdings's crop — gross profit changed year-over-year?
- NI Holdings's crop — gross profit increased by 26.4% year-over-year, from $2.24M to $2.84M.
- What is the long-term trend for NI Holdings's crop — gross profit?
- Over 3 years (2022 to 2025), NI Holdings's crop — gross profit has grown at a -11.7% compound annual growth rate (CAGR), from $15.3M to $10.53M.
- What does crop — gross profit mean?
- The difference between net premiums earned and the net policyholder benefits and claims incurred. It serves as a fundamental measure of the segment's ability to generate profit from its core underwriting activities before accounting for operating expenses.
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